NOT LISTED FOR SALE

Estimated Value: $537,745

4 Beds
2 Baths
3,415 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 02, 2020

Last sale price $300,000 $88 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,467/month

157 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Tennis Courts
  • Deck
  • Attic
  • 1-minute walk to Meshanticut State Park

About This Home

As of June 2020

Rare two family home in western Cranston across from Meshanticut Lake! Updates include new roof, replacement windows, and vinyl siding. Separate utilities, laundry, plenty of parking. First floor unit has two bedrooms, second floor has two with another room. Both have decks in front with gorgeous unobstructed views of the lake.

Last Listed By

Gina Howarth

HomeSmart Professionals Listed on: 11/27/2019

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,995

Year Built

  • Built in 1889

Lot Details

  • 8,000 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,415 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Water Views
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 701 / 4
  • Assessor Parcel Number 1DEANSTCRAN

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Meshanticut/Oaklawn Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,995

Year Built

Built in 1889

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Subdivision Name: Meshanticut/Oaklawn
  • Above Grade Finished Sq Ft: 3415.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1889
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl, Wood
  • Interior Amenities: Attic, Bathtub, Tub Shower
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8000.0
  • Parcel #: 1DEANSTCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4995.0
  • Tax Block: 4
  • Tax Lot: 701
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
May 29, 2020
Sold by
Sherman Douglas H and Sherman Carol A
Bought by
Greco Efrain
Seller's Agent
Gina Howarth
HomeSmart Professionals
Buyer's Agent
Kyle Seyboth
List Price
$349,900
Sold Price
$300,000
Premium/Discount to List
-$49,900
-14.26%
Total Days on Market
157
Current Estimated Value
$537,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,745
Avg. Annual Appreciation
14.25%
Original Mortgage
$255,000
Outstanding Balance
$229,880
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$348,021

Purchase Details

Closed on
Nov 22, 2013
Sold by
Sherman Douglas H
Bought by
Sherman Douglas H and Sherman Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
4.25%

Purchase Details

Closed on
Dec 3, 2012
Sold by
Cunha Michael S
Bought by
Sherman Douglas H

Purchase Details

Closed on
Aug 11, 2011
Sold by
Sherman Douglas H
Bought by
Cunha Michael

Purchase Details

Closed on
Feb 1, 1996
Sold by
Case David R and Case Cynthia
Bought by
Paquette Raymond P and Paquette Wendy

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Greco Efrain $300,000 None Available
Sherman Douglas H -- --
Sherman Douglas H -- --
Cunha Michael $2,213 --
Paquette Raymond P $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greco Efrain $255,000
Previous Owner Sherman Douglas H $146,000
Previous Owner Sherman Douglas H $162,000
Previous Owner Sherman Douglas H $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2020 06/02/20 Sold $300,000 -14.3% $88 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $349,900 -- $102 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,831 $428,400 $112,800 $315,600
2023 $5,449 $288,300 $74,300 $214,000
2022 $5,336 $288,300 $74,300 $214,000
2021 $5,189 $288,300 $74,300 $214,000
2020 $4,995 $240,500 $70,700 $169,800
2019 $4,995 $240,500 $70,700 $169,800
2018 $4,880 $240,500 $70,700 $169,800
2017 $4,219 $183,900 $63,600 $120,300
2016 $4,129 $183,900 $63,600 $120,300
2015 $4,129 $183,900 $63,600 $120,300
2014 $3,992 $174,800 $63,600 $111,200
Source: Public Records

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Source: State-Wide MLS

MLS Number: 1242106

State-Wide MLS

APN: CRAN-000017-000004-000701